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CONSTANTINE AMENDS PRIVATE PLACEMENT TERMS


June 18, 2008

The securities being offered have not been, nor will be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or to U.S. persons without registration or applicable exemption from the registration requirement of such Act. This release does not constitute an offer for sale of such securities in the United States of America.


Vancouver, B.C. - Further to the private placement of  Constantine Metal Resources Ltd. (the "Company") (TSXV:CEM) announced on June 2, 2008, the Company announces that, subject to regulatory approval, it proposes to amend the terms of its private placement by changing the price of the units to $0.45 per unit and the exercise price of the warrants to $0.65 per warrant share.  As previously announced, the offering will raise proceeds of up to $1.4 million.  Each unit consists of one common share and one warrant, with each warrant entitling the holder to purchase one additional share of the Company at a price of $0.65 per share for a period of 12 months.  All other terms of the private placement remain unchanged.

Please visit the Company’s website (www.constantinemetals.com) for more detailed company and project information.

"J. Garfield MacVeigh"

President

Telephone: (604) 629-2348 or (778)-772-4437

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. The news release includes certain “forward-looking statements”. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization, exploration results and future plans and objectives of Constantine are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Constantine’s expectations are exploration risks detailed herein and from time to time in the filings made by the Constantine with securities regulators.

Palmer VMS Project Croesus Gold Project Yukon Gold Project Golden Mile Project

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